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New York, NY – Aether Diamonds has found a place in Fast Company's list of the World's Most Innovative Companies for 2022. Aether was named as the seventh most innovative company in the Consumer Goods category.

This year's list honors businesses that are making the biggest impact on their industries and culture as a whole — ultimately thriving in today's ever-changing world. 

In addition to the World's 50 Most Innovative Companies, 528 organizations are recognized across 52 categories, such as the Consumer Goods category where Aether was listed.

"We started this company in 2018 with an ambitious vision to turn the diamond trade on its head, and to be recognized like this gives us confidence that we are on the right path,” Ryan Shearman, co-founder, and CEO at Aether, said in a statement. "Not only does this honor affirm Aether's position as a pioneer in our industry, it inspires us to keep pushing the boundaries of what is possible."

Aether says it is the only company in the world to successfully create diamonds out of atmospheric carbon that would otherwise contribute to climate change and global warming. They are also the only diamond producer to achieve B Corp status. Aether uses direct air capture technology and carbon sequestration methods to create its gemstones by pulling CO2 from the air. This carbon is then used to grow their diamonds, which are ultimately cut, polished, and set into Aether's jewelry offerings. Aether formally made its debut into the marketplace in December 2020 and began shipping jewelry to consumers in mid-2021.

All Aether diamonds are atomically identical to their mined counterparts but are instead devoid of the environmental and social ramifications, the company says. Aether says it uses clean energy throughout its supply chain, and the company's proprietary diamond production process is the first commercialized process to have a net negative carbon footprint. Aether adds that it is committed to removing 20 metric tonnes of CO2 from the air for every carat of diamond sold, enough to offset the average American's carbon footprint by more than a year.

"The world's most innovative companies play an essential role in addressing the most pressing issues facing society, whether they're fighting climate change by spurring decarbonization efforts, ameliorating the strain on supply chains, or helping us reconnect with one another over shared passions," said Fast Company Deputy Editor David Lidsky said in a statement.

Read the complete release.